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Umeme Says It’s Been Compelled to Hand Over Electricity Distribution; Considers Arbitration in London

Umeme Says It’s Been Compelled to Hand Over Electricity Distribution; Considers Arbitration in London

Umeme insists that the government’s audit undervalues the company’s investment and has formally notified authorities of a dispute under Section 9.1 of the Support AgreementInside and outside the Ntinda substation in Kampala, where Umeme replaced obs

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Ruto Sparks Diplomatic Storm in Europe

Ruto Sparks Diplomatic Storm in Europe

President William Ruto has caused a diplomatic stir in Europe following recent remarks that have led to growing concerns over Kenya’s relations with European countries. Ruto's statements have reportedly angered European officials, triggering debates on Kenyaâ€

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Trump moves to officially close USAID and tells remaining employees their jobs will be eliminated

Trump moves to officially close USAID and tells remaining employees their jobs will be eliminated

After months of attempting to remove responsibility, funding and staff from the U.S. Agency for International Development, the Trump administration moved to effectively close it down on FridayThe Trump administrat

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Uganda Government Leaves Contractors High and Dry with UGX 1.351 Trillion in Unpaid Bills

Uganda Government Leaves Contractors High and Dry with UGX 1.351 Trillion in Unpaid Bills

KAMPALA, Uganda — Uganda’s construction sector is facing a financial crisis due to the government’s failure to pay UGX 1.351 trillion in arrears to road contractors, according to Francis Mwijukye, Shadow Minister for Works and Transport.

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Inside The Luxurious Lifestyle Of Rebecca Kadaga, Houses, Cars And Investments

Inside The Luxurious Lifestyle Of Rebecca Kadaga, Houses, Cars And Investments

Rebecca Kadaga, a prominent Ugandan politician and lawyer, has built an impressive portfolio of assets over the years.Her lifestyle reflects her success and influence in Ugandan politics. Kadaga's wealth is evident in her properties, luxury cars, and various investments.Kadaga owns

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How Museveni’s Most Trusted Minister Built a Business Empire in the Shadows

How Museveni’s Most Trusted Minister Built a Business Empire in the Shadows

Balaam Barugahara Ateenyi, commonly known as Balaam, has been a prominent figure in Uganda's business and political spheres.Born on July 28, 1979, in Mbarara, Uganda, Balaam's journey from humble beginnings to becoming a trusted minister under President Yoweri Museveni is both inspiring an

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How Rich Is Yoweri Museveni’s Wealth: A Lookout At His Mansions, Businesses, and Investments

How Rich Is Yoweri Museveni’s Wealth: A Lookout At His Mansions, Businesses, and Investments

President Yoweri Museveni of Uganda, one of Africa's longest-serving leaders, has amassed significant wealth over his decades in power.His wealth is reflected in his luxurious properties, extensive business ventures, and substantial investments.Museveni's most notable property is hi

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Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan

Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan

City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi

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Meet The No-Nonsense Gen. Salim Saleh: The Billionaire Army General How He Is Controlling Economy

Meet The No-Nonsense Gen. Salim Saleh: The Billionaire Army General How He Is Controlling Economy

General Caleb Akandwanaho, widely known as Salim Saleh, is a prominent figure in Uganda's political and economic landscape.As the younger brother of President Yoweri Museveni, Saleh has wielded significant influence in shaping the country's economic policies and development strategies.

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Uganda Joins Afreximbank's Feda as 21st Member State

Uganda Joins Afreximbank's Feda as 21st Member State

Uganda has officially joined the Fund for Export-Development in Africa (Feda),marking a significant step in the country’s economic transformation and its commitment to industrialization and value-added export development across Africa.The signing of Feda's Establishment Agreement took pl

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